Grayson County, Texas Property Taxes

In Grayson County, TX, homeowners can appeal their property tax assessments if they believe their property has been over-assessed. The appeal process begins with filing a protest with the Grayson County Appraisal District. Homeowners typically have until May 15 or 30 days after the notice of assessed value is mailed, whichever is later, to file their protest. Once the protest is filed, the appraisal district will schedule a hearing with the Appraisal Review Board (ARB), an independent panel that listens to appeals and makes determinations on property value disputes.

During the hearing, homeowners have the opportunity to present evidence supporting their case, such as recent sales data, photographs, or independent appraisals that demonstrate a lower market value than assessed. The ARB reviews the evidence and decides whether to adjust the assessed value. Potential outcomes include a reduction in assessed value, which could lower the property tax bill, or the board may uphold the original assessment.

Ownwell assists homeowners through this process by offering expert guidance and representation. Our team of experienced property tax consultants prepares a comprehensive appeal strategy, gathering necessary evidence and presenting a compelling case to the ARB on behalf of the homeowner. By leveraging our expertise, homeowners can increase their chances of a favorable outcome, potentially saving significant money on their property taxes. Ownwell's services ensure that homeowners navigate the complex appeal process smoothly, with professional support every step of the way. Whether it's preparing documentation or representing homeowners at the ARB hearing, Ownwell is committed to achieving the best possible results for its clients.

Grayson County offers several property tax exemptions designed to ease the financial burden on homeowners. One of the most significant is the Homestead Exemption, which is available to homeowners who occupy their property as their primary residence. This exemption can significantly reduce the taxable value of a home, leading to lower property tax bills. To qualify, homeowners must have owned and lived in the property on January 1st of the tax year.

In addition to the Homestead Exemption, Grayson County provides exemptions for seniors aged 65 and older, as well as for disabled individuals. These exemptions offer further reductions in assessed value, providing substantial savings for eligible homeowners. The Over-65 Exemption requires proof of age, while the Disability Exemption mandates documentation of disability status.

Veterans may also benefit from specific exemptions, including a full exemption for those who are 100% disabled due to service-related injuries. This can drastically reduce or even eliminate property tax obligations for qualifying veterans.

Applying for these exemptions typically involves submitting the appropriate forms and supporting documentation to the county appraisal district. Ownwell can assist homeowners in navigating this process, ensuring all necessary paperwork is completed accurately and on time. By leveraging Ownwell's expertise, homeowners can maximize their property tax savings and take full advantage of the exemptions available to them.